U.S. Businesses are Being Destroyed Faster Than They’re Being Created

Americans Will Need “Black Markets” To Survive

Americans Will Need “Black Markets” To Survive

More evidence is created each year that the collapse is a slow process. Some people have reported on the  market collapse prior to 2000 (the Y2K and “DotCom” bubble crisis), and many more since 2008 (The Great Recession). The expectations by aware people that a systemic collapse is likely at sometime in the near future continues to mount. In fact I recall reading portions of a cryptic financial book (that belonged to a co-worker) back in the 1990’s that spoke of the inevitable collapse and the rise of Black Markets in response. Not predicting a time table has been an interesting observation of predictions coming to present day experiences. Today, People are seeing what is in front of thier faces and getting a dose of smelling salts.
Please read more of the links at the bottom of this post. ~Ron
U.S. Businesses are Being Destroyed Faster Than They’re Being Created
By Christopher Ingraham 5 May 2014

The American economy is less entrepreneurial now than at any point in the last three decades. That’s the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.

Not only that, but during the most recent three years of the study — 2009, 2010 and 2011 — businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011.

Read more: washingtonpost.com



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One comment on “U.S. Businesses are Being Destroyed Faster Than They’re Being Created
  1. RonMamita says:

    The “Economic Recovery” Continues: Businesses Are Being Destroyed Faster Than They Are Being Created

    by Michael Snyder, The Economic Collapse:

    What would you say about an economy where businesses are shutting down faster than they are opening? Well, a shocking new study released by the Brookings Institution indicates that this is exactly what is happening in the United States. We are absolutely killing small businesses and the entrepreneurial spirit in this country, and as you will see below, the number of self-employed Americans has been on a downward trend for a decade even though our population has been steadily growing. Traditionally, small businesses have been the primary engine of job growth in this nation, so the fact that study after study has found that small business creation is being crippled in the United States is a really bad sign for our economic future.

    Personally, I write about our long-term economic decline nearly every day, but even I had no idea that businesses were being destroyed faster than they were being created. According to the Brookings Institution, this first started happening in 2009…


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